asked 70.8k views
4 votes
Banks perform all of the following services EXCEPT

A)store money safely
B)collect gov. Taxes
C)help people save money
D)issue credit cards

asked
User Sheray
by
7.8k points

2 Answers

2 votes
i believe the answer would be B)collect gov. taxes
answered
User Mateostabio
by
7.6k points
6 votes

Answer: B) collect gov. Taxes

Explanation: Bank are the working infrastructure unit for management of the cash and financial transactions. They provide the facility of bank account where the money can be deposited and saved . They also provide the service of credit card which can be used instead of cash .

It does not collect taxes from the people rather tax collectors are hired by the government to perform this job. Thus ,the inappropriate function of bank is option(b)

answered
User Loebl
by
8.4k points

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